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Journalism Degree in Waukegan, IL — Salary & ROI 2026

Journalism degree analysis for Waukegan, IL. COL-adjusted salary data, local tuition costs, ROI calculator, and job market outlook.

Starting Salary

$40K

COL-adjusted

Mid-Career

$56K

COL-adjusted

ROI Payback

14.3 yrs

in Waukegan

Cost of Living

90.3

index (100 = avg)

Journalism in Waukegan, IL Overview

While Waukegan has a smaller college scene with 4 institutions, Journalism students benefit from the close-knit academic community. Room and board averages $13,641/year, and the car-friendly layout shapes the student experience. Although national enrollment in Journalism has been declining, graduates with skills in Reporting and Investigative Journalism remain competitive in the job market. The adjusted starting salary in Waukegan is approximately $39,732.

Category

Communications

Local Colleges

4

Public Tuition

$15,400/yr

Private Tuition

$38,000/yr

Room & Board

$13,641/yr

Avg Fin. Aid

$13,734/yr

Unemployment

5.1%

Graduation Rate

74%

Journalism Salary in Waukegan (COL-Adjusted)

Salaries adjusted for Waukegan's cost of living index of 90.3 (national average = 100).

Entry Level (0-2 yrs)
$39,732($-4,268 vs national)
Mid Career (5-9 yrs)
$55,986($-6,014 vs national)
Senior Level (15+ yrs)
$70,434($-7,566 vs national)

Note: National average Journalism salary: $44,000 starting, $62,000 mid-career, $78,000 senior level.Waukegan adjustment factor: 0.90x based on the local cost of living index.

Journalism ROI Calculator for Waukegan

Estimate your return on investment for a Journalism degree using local Waukegan tuition and cost of living data.

Public avg: $15,400 | Private avg: $38,000

Waukegan avg aid: $13,734/yr

Federal avg: 6.5% | Private: 4-14%

Total Education Cost

$116,164

tuition + room & board - aid

Annual Earnings Premium

$8,127

vs HS diploma in Waukegan

ROI Payback Period

14.3 years

to break even

Lifetime Return in Waukegan

$136,676

Lifetime earnings premium ($252,840) minus total education cost ($116,164)

Student Loan Payoff for Journalism in Waukegan

Standard Plan (10 years)

Loan Amount$116,164
Monthly Payment$1,319
Total Interest$42,118
% of Monthly Income40%

Aggressive Plan (5 years)

Loan Amount$116,164
Monthly Payment$2,273
Total Interest$20,209
Interest Savings$21,909

Colleges in Waukegan for Journalism

Waukegan State University

public

$15,619/yr

$62,476 total

Community Colleges (2-Year Transfer)

Waukegan Community College

$4,848/yr

Top Employers for Journalism in Waukegan

Waukegan offers opportunities in Media companies, PR agencies, Tech companies for Journalism graduates. National top employers in this field include:

New York TimesWashington PostReutersCNNAP

Key Waukegan Hiring Sectors for Communications

Media companies

PR agencies

Tech companies

Marketing firms

Publishing

Common Journalism Job Titles

ReporterEditorNews ProducerInvestigative Journalist

Journalism Degree in Waukegan — FAQ

Data Sources: Salary data from BLS Occupational Outlook Handbook. Cost of living from BLS Regional Data. College data from NCES/IPEDS. Updated March 2026.

Explore More

Compare Journalism ROI in other cities, or explore other majors in Waukegan.

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